Business
Companies, funding, deals and the money behind the industry.
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BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout
BitGo has agreed to acquire the trading arm of digital asset firm NYDIG in a deal worth $42.5 million in cash and stock, with an additional $15 million tied to future performance…
Ethereum ETFs Take $226M in a Day, Almost Matching Bitcoin's Haul
Ethereumfocused exchangetraded funds pulled in $226 million in a single trading session on Thursday, nearly rivaling the inflows recorded by their Bitcoin counterparts and capping…
Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation
Federal Reserve Chair Kevin Warsh signaled the central bank remains firmly focused on taming price pressures, telling attendees at the Kansas City Fed's annual Jackson Hole…
Who is legally liable when an AI agent goes rogue?
As artificial intelligence agents grow more autonomous — booking travel, executing trades, and negotiating deals with little human oversight — a thorny legal question is emerging:…
The Clarity Act slipped to September. Banks are building anyway
The U.S. Senate's push to pass the Clarity Act, the sweeping market structure bill meant to define how digital assets are regulated, has slipped to September, leaving the crypto…
Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
Ethena, the company behind the $4 billion USDe synthetic dollar token, is expanding its yieldgenerating strategy beyond cryptocurrencies and into the fastgrowing market for equity…
SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia
Japanese financial conglomerate SBI Holdings is acquiring a 20% stake in Indonesian online brokerage Ajaib for $270 million, a move designed to advance its ambitions for a…
Morning Minute: Solana Jumps with Network Inflation Set to Drop
Solana surged this week as a wave of favorable developments converged on the network, with two major governance proposals nearing approval, its top digital asset treasury…
California Senate passes bill to ban memecoin issuance by public officials
The California Senate has advanced legislation aimed at prohibiting public officials from issuing memecoins, in a move designed to curb potential conflicts of interest and…
Bitcoin is outperforming stocks and correlating with gold just when it matters most
Bitcoin is quietly staging a shift in its market identity, outpacing equities and moving in step with gold at a moment when investors are hunting for reliable stores of value. A…
Capital B raises $24.5M for its Bitcoin treasury amid market uncertainty with BlockStream’s Adam Back chipping in
Capital B, a French Bitcoin treasury company, has secured 21 million euros about $24.5 million through a private placement backed by notable industry figures, including…
Bitcoin bear market ‘over’ as price metric copies 2023 recovery: CryptoQuant CEO
The Bitcoin bear market may already be behind us, according to CryptoQuant CEO Ki Young Ju, who points to an onchain profitability metric now flashing the same reversal signal…
Circle's USDC takes over Chelsea's jersey in Premier League first sponsorship deal
Chelsea Football Club has struck a landmark sponsorship agreement with Circle, making the stablecoin issuer's USDC token the firstever cryptocurrency to feature on a Premier…
Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans
Bullish, the cryptocurrency platform, is extending a $100 million debt facility to USD.AI, a move designed to fund loans backed by graphics processing units GPUs that power…
240 Crypto Millionaires Booked Over Half of Britain's Taxable Crypto Gains
A small group of just 240 cryptocurrency millionaires accounted for more than half of all taxable crypto gains reported in the United Kingdom, according to the first detailed…
Bitcoin hits highest level in 3 months before pulling back as altcoins consolidate
Bitcoin surged to its highest price in three months during overnight trading before retreating, as major altcoins entered a period of consolidation and traders weighed shifting…
Visa doubles down on South Korea with Upbit operator Dunamu on stablecoin payments
Visa has deepened its commitment to South Korea's fastgrowing digital asset market by partnering with Dunamu, the operator of the country's largest cryptocurrency exchange, Upbit,…
Judge Rules Trump Administration Illegally Retaliated Against Anthropic Over AI Red Lines
A federal judge has ruled that the Trump administration acted unlawfully when it moved to punish AI company Anthropic, vacating a controversial supply chain designation and…
ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote
Ethena's governance token ENA jumped roughly 10% after the project's foundation floated a plan to direct nearly all of its net protocol revenue toward buying back the token,…
BitGo buys NYDIG trading arm to deepen institutional crypto push
BitGo has completed its acquisition of NYDIG's institutional trading business, a move that broadens the crypto custodian's derivatives and financing offerings as it courts more…
- Metaplanet CEO breaks silence but shareholders say the hard questions remain unanswered
- Your LG TV Might Still Be Listening to You—Even When It Looks Like It’s Off
- Catapult Draws KuCoin Ventures Backing as Fundraising Round Continues
- OpenAI Chief Scientist Warns AI Labs May Need to Slow Down
- UK financial watchdog weighs lifting prediction markets ban: Report
